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Updated: April 30, 2025
Raymond gave from his notes a statement which showed that both the customs' duties and internal taxes had been productive beyond all expectation; that the merchant-ships of almost every nation had visited the ports; and that, after defraying the expenses of the war now closed, there would be a surplus sufficient for the extension of the schools and the formation of some new roads.
As a boy of fifteen Samuel Morse had painted water-colors that attracted attention, and he was possessed of enough talent to paint miniatures while at Yale which were salable at five dollars apiece, and so aided in defraying his college expenses. After his graduation from Yale in 1810, Morse devoted himself entirely to the study of art, still being dependent upon his parents for support.
It seems to me that a statute giving to the Executive general discretionary authority to accept such invitations and to appoint honorary commissioners, without salary, and placing at the disposal of the Secretary of State a small fund for defraying their reasonable expenses, would be of great public utility.
But such sovereigns as those were very willing to expend money in parades which exhibited before the world the evidences of their own grandeur and power, especially as the mass of the people, from whose toils the means of defraying the cost was ultimately to come, were so completely held in subjection by military power that they could not even complain, far less could they take any effectual measures for calling their oppressors to account.
When the trade of the province was infested and ruined by pirates, they could neither obtain a force sufficient to extirpate them, nor a confirmation of their laws made for defraying the expense of such expeditions as the colony fitted out against them.
She then withdrew from the Bastille eight hundred thousand crowns for the purpose of defraying the expenses of the Court during its progress. Despite the absence of the Princes, the royal retinue was magnificent and numerous.
* Among other objects of the attention of the legislature of that country, ten thousand pounds were granted for making the river Nore navigable from the city of Kilkenny to the town of Innestalge; twenty thousand pounds towards carrying on an inland navigation from the city of Dublin to the river Shannon; four thousand pounds for making the river Newry navigable; a thousand pounds a year for two years, for the encouragement of English protestant schools; several sums, to be distributed in premiums, for the encouragement of the cambric, hempen, and flaxen manufactures; and three hundred thousand pounds to his majesty, towards supporting the several branches of the establishment, and for defraying the expenses of the government for two years.
Whilst the books of the Treasury show an actual expenditure of $59,848,474.72 for the year ending June 30, 1860, including $1,040,667.71 for the contingent expenses of Congress, there must be deducted from this amount the sum of $4,296,009.26, with the interest upon it of $150,000, appropriated by the act of February 15, 1860, "for the purpose of supplying the deficiency in the revenues and defraying the expenses of the Post-Office Department for the year ending June 30, 1859."
Others, like that of Massachusetts Bay, advance, upon extraordinary emergencies, a paper money of this kind for defraying the public expense; and afterwards, when it suits the conveniency of the colony, redeem it at the depreciated value to which it gradually falls.
At the same time the generous fellow gave me to understand that his purse was entirely at my disposal for the purpose of defraying all necessary expenses, and that the loan could be repaid at my own convenience.
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